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michaels said:doodling said:Hi,markin said:Oil dropped from $85 in April to around $72 ! OPEC seem to be holding closer to $80
https://oilprice.com/oil-price-charts/
......................................................................................................British households and firms cut enough peak-time energy use to power 10m homes
"About 1.6m households and businesses received payments to help reduce the pressure on the National Grid during the winter months as part of a demand flexibility scheme run by its electricity system operator (ESO).
The energy users were called on about 22 times to reschedule their energy use to avoid peak demand hours, for example, running dishwashers or tumble dryers at night.
The energy savings from peak time were equivalent to the electricity output of the Keadby gas power plant over 4.5 hours, or three hours of generation from the Sizewell B nuclear power plant." ....
https://www.theguardian.com/business/2023/may/10/british-households-and-firms-cut-winter-electricity-use-by-enough-to-power-10m-homes
Sounds like a good deal to me!2 -
Ofgem orders three energy firms to pay £8m compensation over late bills
E.ON Next, Octopus and Good Energy did not supply final bill on time to many households that had switched
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The_Green_Hornet said:
Ofgem orders three energy firms to pay £8m compensation over late bills
E.ON Next, Octopus and Good Energy did not supply final bill on time to many households that had switched
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markin said:The_Green_Hornet said:
Ofgem orders three energy firms to pay £8m compensation over late bills
E.ON Next, Octopus and Good Energy did not supply final bill on time to many households that had switched
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superkoopauk said:markin said:The_Green_Hornet said:
Ofgem orders three energy firms to pay £8m compensation over late bills
E.ON Next, Octopus and Good Energy did not supply final bill on time to many households that had switched
Moo…0 -
Ovo and Good Energy ordered to pay £4m compensation after overcharging
About 18,000 households could receive refunds of up to £181 on electricity and gas bills
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The_Green_Hornet said:
Ovo and Good Energy ordered to pay £4m compensation after overcharging
About 18,000 households could receive refunds of up to £181 on electricity and gas bills
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[Quoted posts removed by Forum Team]I think....0
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michaels said:MattMattMattUK said:Dolor said:TheElectricCow said:markin said:
Such a deliberate act of war directly against the UK is probably not in anyone’s best interests, so the scenario of Russia blowing up our offshore wind turbines is probably not going to be something your typical household needs to worry about preparing for at this stage.
The big concern is damage to the main inter-connectors between the UK mainland; Ireland and mainland Europe. History has shown that when these go out-of-service a spike in energy prices tends to follow. The other non energy-related concern is damage to our internet links which I suspect a lot of people would notice. Should any of these happen, we could see a return to high energy prices.
In a worse case scenario around 55% of daily usage comes from Norway and another 20% by pipelines from the Netherlands and Belgium, so depending on how many of them were lost would depend how much of a shortfall we had. If we lost the Britpipe (from Norway) we would have to implement immediate power rationing to reduce demand for both gas and electricity, probably 8-12 hour rolling power cuts for all domestic users and potentially a complete shutdown of industrial usage. On that basis we could just about get through the winter and restrictions might ease if we had a mild winter or people actually reduced usage to essential usage only when asked.1 -
MattMattMattUK said:michaels said:MattMattMattUK said:Dolor said:TheElectricCow said:markin said:
Such a deliberate act of war directly against the UK is probably not in anyone’s best interests, so the scenario of Russia blowing up our offshore wind turbines is probably not going to be something your typical household needs to worry about preparing for at this stage.
The big concern is damage to the main inter-connectors between the UK mainland; Ireland and mainland Europe. History has shown that when these go out-of-service a spike in energy prices tends to follow. The other non energy-related concern is damage to our internet links which I suspect a lot of people would notice. Should any of these happen, we could see a return to high energy prices.
In a worse case scenario around 55% of daily usage comes from Norway and another 20% by pipelines from the Netherlands and Belgium, so depending on how many of them were lost would depend how much of a shortfall we had. If we lost the Britpipe (from Norway) we would have to implement immediate power rationing to reduce demand for both gas and electricity, probably 8-12 hour rolling power cuts for all domestic users and potentially a complete shutdown of industrial usage. On that basis we could just about get through the winter and restrictions might ease if we had a mild winter or people actually reduced usage to essential usage only when asked.I think....0
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